October 2024
VisiQuate
Canaccord Genuity Advises Revenue Cycle Analytics Platform VisiQuate on its Acquisition by Accel-KKR to Propel Growth and Innovation
Canaccord Genuity has advised VisiQuate, a leading provider of advanced revenue cycle analytics, AI-powered workflow, and automation, on its acquisition by Accel-KKR, a global technology-focused investment firm. This strategic partnership marks a new chapter in VisiQuate’s journey, leveraging Accel-KKR’s extensive resources and strategic expertise to support the company’s continued growth and innovation.
VisiQuate offers a leading platform for revenue and denials management analytics, workflow, and automation for health systems that maximizes the visibility and efficiency within the revenue cycle operations team, driving transformational business and financial health for clients. VisiQuate delivers optimized enterprise outcomes through a unique combination of complex data curation, deep AI & ML, advanced analytics and intelligent process automation. In 2023, Black Book named VisiQuate as the Number #1 revenue analytics financial IT solution for hospitals and health systems. The company is headquartered in Santa Rosa, CA, with offices in Harrisburg, PA and Dallas, TX.
Accel-KKR is a technology-focused investment firm with $19 billion in cumulative capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for top-line and bottom-line growth.
Canaccord Genuity previously advised VisiQuate on its $50 million equity investment from Sixth Street Growth in 2021.
As a leading investment bank for Digital & Tech-Enabled Health companies, our team remains at the forefront of the sector, with specialized knowledge and experience in revenue cycle management technologies and insights & analytics, among others.